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Non-Tech : PEP -- Time to buy?
PEP 142.94+0.9%Nov 7 3:59 PM EST

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To: Ginger Bates who wrote (8)1/24/1997 2:22:00 PM
From: leebo   of 392
 
Hey Ginger, It's about 2:10pm est, and PEP is looking good today in a down market. It seems to have found solid support around $34, once again on heavy volume. I like what I see so much, I came out of my Boeing position to buy some PEP. May be crazy, but it really looks good to me. I think $45 is attainable real soon.

Also, up about 3 the other day on 30 million shares is a strong performance, considering they have around 1.6 billion shares outstanding. It takes alot to move a stock like that. Institutions hold about 840 million shares, which is something to fall back on--unless they all decide to sell for some reason(tongue positioned in cheek). I'm gonna go have a Pepsi. leebo
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